Potential homebuyers in Niagara are expected to pay more as interest rates have cooled the red-hot housing market, leading to a drop in home prices but not mortgages as rates have increased. Accord… [+4081 chars]
General Motors reports tremendous interest in its latest Ultium-based all-electric models - both those already released and those coming in 2023. According to the company's CEO Mary Barra, the numbe… [+1934 chars]
The pandemic was supposed to permanently change how people shop. At least, thats how many retailers felt during the early stages of COVID-19, when consumers were largely stuck at home and bought more… [+2448 chars]
Russia war in Ukraine has been raging for over five months with no end in sight. Its unclear how long sanctions from Western nations on Russian oil would last if the conflict were resolved. (REUTERS)… [+4708 chars]
Some senior economists say inflation has peaked in Canada, with gas and housing prices on the decline, and food prices soon to follow. But they also warn of turbulence ahead for the country’s fragi… [+6592 chars]
A new poll finds that many Canadians are shying away from large purchases amid a summer of sticker shock that has seen interest rates rise and inflation send prices soaring for everyday items. Three… [+3295 chars]
The stock rally gained traction, defying calls from skeptics in the aftermath of the Federal Reserve decision, with traders paring bets on rate hikes as the drumbeat of recession grew louder amid an … [+3599 chars]
Pressure is building on consumers amid rising interest rates and the loss of pandemic loan supports Canadian bank towers in Toronto's financial district.Photo by Peter J. Thompson/National Post Ar… [+6946 chars]
While gold and silver traders are not dancing in the streets, they are quietly rejoicing. Their assumptions, knowledge, and expectations that both gold and silver have been oversold and undervalued w… [+3303 chars]
Sprite is retiring its green plastic bottles after more than 60 years. Coca-Cola said Wednesday it's changing the packaging from green to clear plastic beginning August 1 as part of broader efforts … [+2012 chars]
A man shops at a supermarket on July 27, in New York.Andres Kudacki/The Associated Press The U.S. economy unexpectedly contracted in the second quarter, with consumer spending growing at its slowest… [+5906 chars]
Even though the Lotus Eletre, the brands first production EV and SUV, is only expected to go into full production in 2023, the first one reportedly rolled off the production a few weeks ago. It was a… [+1856 chars]
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